$2,500,000
Est. $12,853/mo1038 S King Street, Seattle, WA 98104
• Listed 2026-09-01•New today
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Based on information submitted to the MLS GRID as of September 1, 2026 at 08:28am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Architectural design and permit included! Rare opportunity to acquire a 6,000 SF development site in Seattle’s vibrant International District. Zoned DMR/C 75/75-95, offering potential for an 8-story, 51-unit mixed-use project with approximately 40,756 SF of gross floor area. Flat, level site currently used as a parking lot, ideal for efficient construction. Prime urban location surrounded by established retail, dining, and cultural destinations, and just steps to light rail for convenient access to downtown and beyond. Upper-level units may capture mountain and water views, subject to design and city approval. Only 0.8 miles to Lumen Field, host of the 2026 FIFA World Cup. Strong development fundamentals in a high-demand urban core. Buyer to verify all information.
Listed by Joy Zhang • MY International Real Estate
Listing updated: September 1, 2026 at 08:28am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2576523
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1038 S King Street, Seattle, WA 98104
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Seattle is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 12 days.
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Distance
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Over list
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Distance
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0%
Over list
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Days on market
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Distance
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0%
Over list
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Days on market
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Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
Seattle School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.